Amazon sees 50 per cent more sales this year
New Delhi: Braving the slowdown in consumption demand, e-commerce major Amazon India is eyeing 50 per cent more sales in the festive season this year. The company, which is starting its mega festive sale from September 29 to October 4, is expected to showcase lakhs of products in various categories, including 5,000 products in large appliances and furniture categories.
“As we have overall over 200 million products in our basket in all categories, we generally have 1.5 times sale year-on-year basis. So we hope over 50 per cent more sale this year than the previous year. We will add lakhs of products this year in which 5,000 new products would be in large appliances and furniture categories,” Amazon India Director (Large Applian-ces and Furniture) Suchit Subhas told Financial Chronicle on Monday.